Maryland's Ad-tax: Going Fishing for Revenue?
In this episode of the SALTovation podcast, Alexander Korzhen and Stacey Roberts, from TaxOps’ SALTovation Team, talk about the state of Maryland’s new digital advertising tax that is scheduled to go into effect in 2022. Alex and Stacey discuss what they know about this new tax so far and what it could mean for taxpayers.
What You Will Discover:
- [00:30] What is this new tax
- [04:37] The practitioner community’s response
- [05:21] How it compares to international digital taxes
- [07:36] Other states that have similar proposed legislation
Quotables:
- “It’s startling in its vagueness, which is why it has received so much feedback and been surrounded in controversy. ” - Alexander Korzhen [00:49]
- “That broad definition, I would imagine there’s a lot of taxpayers out there that could get caught up in it, and they may not necessarily know.” - Stacey Roberts [04:29]
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Production Support
This episode was produced with support from Truth Work Media. www.truthworkmedia.com
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